A View lfrom Brussels

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Latest Briefings

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

Bermuda’s beneficial ownership registers and privacy: status update and further observations

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’. Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on […]

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

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Ashursts loses five from property dept

The exodus from Ashurst Morris Crisp’s property department is continuing as five lawyers prepare to leave the firm. Senior lawyer Stephen Law is leaving Ashursts to join his former colleague Peter Lloyd, head of property at US firm Squire Sanders & Dempsey, as a real estate attorney. Helen Willett, also a senior lawyer in property, […]

US firm sets up provincial office

The technology firm is taking the bulk of Morgan Cole’s Thames Valley corporate practice, with lawyers Joe Pillman, Jonathan Loake and Kate Eavis all joining the firm. Brobeck’s London managing partner Tom Kellerman says: “We targeted the M4 corridor because it has become an internationally recognised technology centre. “Our new team will provide us with […]

BBLP steps up alliance plans after partner loss

BBLP is rushing through its plans to complete a full merger of its continental European alliance this year in the face of aggressive expansion from rival firms. The alliance, including Beiten Burkhardt Mittl & Wegener, Moquet Borde & Associes, Pavia e Ansaldo and Meyer Lustenberger & Partner, originally planned to consolidate the partnership in 2001. […]

Wall Street cash

Simpson Thacher & Bartlett has been on the hunt for a UK qualified partner for almost a year, but as Catrin Griffiths reports, the hiked-up salaries of US firms are not enough to recruit from the magic circle. On the face of it, it seems ludicrous. Here is a prestigious, fabulously profitable, classic Wall Street […]

A letter from Manchester

If the television companies are making programmes here, it must be buzzing. Cold Feet, The Royle Family and Queer as Folk – all highly successful TV series set in the North West – show that the region is vigorous and culturally diverse enough to have attracted and sparked media imagination. Meanwhile, Brookside and Coronation Street […]

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